Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.
Both United States and global oil production are set to rise to slightly larger record highs this year than prior forecasts, ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
You may have noticed that gas prices have been on the cheaper side over the last several weeks and prices are expected to be ...
Prices, meanwhile, rose on Wednesday but today reversed their gains under the weight of lower demand expectations coupled with ample supply indications. Both OPEC and IEA signaled they expected a well ...
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...
The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income, which the U.S.
Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...
0116 GMT – Oil prices are mixed in early Asian trade. Market sentiment is likely weighed after OPEC cut its demand forecasts, Westpac senior economist Pat Bustamante writes in a note. In its monthly ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...